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TMCNet:  Active Noise and Vibration Control System Market Worth USD 2.93 Billion by 2022

[March 13, 2017]

Active Noise and Vibration Control System Market Worth USD 2.93 Billion by 2022

PUNE, India, March 13, 2017 /PRNewswire/ --

According to the new market research report " Active Noise And Vibration Control System Market, By Component (Hardware, And Software), Application (Noise, And Vibration), Platform (Commercial, And Defense), and Region - Global Forecast to 2022", published by MarketsandMarkets, the market is projected to reach USD 2.93 Billion by 2022, at a CAGR of 5.15% from 2016 to 2022.

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Browse76 market data Tables and52 Figures spread through 133 Pages and in-depth TOC on"Active Noise And Vibration Control System Market"

http://www.marketsandmarkets.com/Market-Reports/active-noise-vibration-control-system-market-207516152.html
Early buyers will receive 10% customization on this report.

Factors such as enhanced passenger comfort with the use of ANVC systems and increasing aircraft deliveries are some of the factors expected to drive the growth of the market.

Based on application, the vibration segment is projected to witness high growth during the forecast period

Based on application, the vibration segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022, as majority of rotary wing aircraft and helicopter manufacturers are installing active vibration control systems to enhance the performance of the aircraft.

Based on component, the software segment is projected to witness high growth during the forecast period

Based on component, the software segment of the active noise and vibration control system market is projected to witness high growth from 2016 to 2022. This growth can be attributed to the increasing digitalization of the active noise and vibration control system.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=207516152

Based on platform, the commercial segment is projected to witness high growth during the forecast period

Based on platform, the commercial segment of the active noise and vibration control system market is projected to witness high growth during the forecast period. Increase in the deliveries of commercial aircraft is expected to drive the growth of this segment.

Asia-Pacific is expected to be the fastest-growing market for active noise and vibration control systems during the forecast period

The active noise and vibration control system market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to increase in aircraft deliveries in the Asia-Pacific region. Furthermore, countries such as India and China are increasingly investing in upgrades from passive to active noise and vibration control system, which is expected to further aid the growth of the market in near future.

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Major players in the active noise and vibration control system market include LORD Corporation (U.S.), Ultra Electronics Holdings plc. (U.K.), and Moog Inc. (U.S.).

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Subscribe Reports from Aerospace & Defence Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets � ��

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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